Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Internet population in India hits 74 mn, is 3rd largest in world

Aug 22 2013, 17:33 IST
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According to the report, India overtook Japan by adding 17.6 million users in 2012. (AP) According to the report, India overtook Japan by adding 17.6 million users in 2012. (AP)
SummaryAccording to the report, India overtook Japan by adding 17.6 million users in 2012.

India with 73.9 million internet users is the world's third largest Internet population, overtaking Japan but behind China and the US, according to research firm ComScore.

Rising number of mobile audience, devices and consumption habits reveal that consumers are becoming more platform agnostic in their digital media consumption and switch devices to stay up to date on email, news, social media, said ComScore's India Digital Future in Focus 2013.

"Riding on a 31 per cent year-on-year increase, India's online population grew to 73.9 million. With an extended online universe in excess of 145 million the market is at a tipping point for online businesses. India is the world's third largest Internet population," the report said.

The country overtook Japan by adding 17.6 million users in 2012, the ComScore report said.

Of the total 644 million home and work Internet users in Asia-Pacific as of March 2013, China accounted for a lion's share of 54 per cent followed by India (11.5 per cent), Japan (11.4 per cent), Southeast Asia (9.6 per cent) and rest of APAC (13.5 per cent).

On consumption, ComScore said that media fragmentation is occurring at light speed in today's multi-platform environment, which features not only computers, but smartphones, tablets, gaming platforms and a ever-increasing number of emerging devices.

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